It's like a blood bank for vampires
Posted by aogWednesday, 11 November 2009 at 17:55 TrackBack Ping URL

Ah, the joys of a government desperate for money, looting safety deposit boxes. Interestingly, one of our commentors remarked on this precise thing not so long ago. I recommend reading the original story for some context on how this sort of thing gets rolling.

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erp Wednesday, 11 November 2009 at 21:30

Good God. What do you do with stuff you want to safeguard. Tony Soprano put it in the bird feed container, but that seems a bit chancy to me.

If the rent on the safe deposit box isn’t in arrears, where’s the bank’s justification?

Annoying Old Guy Friday, 13 November 2009 at 16:25

The bank has no justification. It’s the state government that is doing the looting and it’s justification is “we need the money!”. Seriously — if you read the article, you’ll find that’s the literal objection to reforming the law. There’s nothing the bank can do about it, and the bank makes no money off it (in fact, it probably loses money on the deal).

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